Mass resignations at the IRS amidst DOGE wave

Unexpected wave of resignations

The IRS announced the resignation of several senior officials in the digital assets division, amidst a wave of regulatory disputes and political pressures. The sharp rise in Dogecoin trading is believed to have contributed to divisions within the agency.

Reasons for withdrawal

According to internal sources, a lack of alignment between policy and execution, along with poor coordination with the Securities and Exchange Commission, led some leaders to make the decision to resign.

Market reaction and concerns

The news raised concerns among traders about the impact of the regulatory vacuum on future tax policies for digital currencies, especially with the ongoing debate about regulating meme coins

$DOGE

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